Zalo

Type: Digital Payment Platform

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About Zalo

Founded	2012
Headquarters	Hanoi, Vietnam
Market share	Zalo is one of the leading digital payment platforms in Vietnam, competing with MoMo and ViettelPay.
Major competitors	MoMo ViettelPay Payoo GrabPay
Notable partnerships	Local banks such as Vietcombank and BIDV. E-commerce platforms like Tiki and Shopee. Retailers for in-store payment solutions.
Recent developments	Expansion of services to include international remittances. Enhancements in user interface for better user experience. Increased focus on security measures to protect user data.
Regulations	Zalo operates under Vietnamese financial regulations and collaborates with local banks for payment processing.
Official website	https://zalo.me